Shares of Alibaba slid 3.97% to $265.51 at 11:10 EST on Monday, after two consecutive sessions in a row of losses. The New York Stock Exchange is dropping 0.8% to $14,085.40, following yesterday’s upward trend, on what so far seems, a somewhat negative trend trading session today.
Alibaba’s last close was $276.48, 20.27% below its 52-week high of $319.32.
Alibaba’s sales growth is 61.7% for the current quarter and 65.7% for the next. The company’s growth estimates for the present quarter is a negative 82% and positive 54.2% for the next.
Alibaba’s stock is valued at $265.51 at 11:10 EST, way under its 52-week high of $319.32 and way above its 52-week low of $169.95.
Alibaba’s value is under its 50-day moving average of $289.56 and higher than its 200-day moving average of $259.89.